Make-or-Buy Analysis Quiz

Make-or-Buy Analysis Quiz

Welcome to your Procurement Knowledge Quiz

Test Your Make-or-Buy Analysis Knowledge

This short quiz is designed to test your practical understanding of make-or-buy decision-making in procurement.

It covers real-world concepts including:

  • make vs buy decisions
  • total cost
  • internal capacity
  • supplier capability
  • risk and investment
  • strategic value

It should take less than 5 minutes.

1. 
What is the primary purpose of make-or-buy analysis?

2. 
Which factor should be considered when comparing make vs buy?

3. 
Why should procurement look beyond unit price?

4. 
What does TCO mean in a make-or-buy decision?

5. 
When might MAKE be strategically attractive?

6. 
When might BUY be attractive?

7. 
Why is internal capacity important in make-or-buy analysis?

8. 
Which is an important strategic factor?

9. 
What is a hybrid make-and-buy approach?

10. 
What should the final make-or-buy decision aim to achieve?